Ellex has advised the BaltCap Lithuania SME Fund on the sale of its 46% stake in Labochema to France's Dominique Dutscher.
According to Ellex, “Labochema’s former CEO and current chairman also sold their shareholdings. As a result of the transaction, Dominique Dutscher now controls 100% of Labochema. This operation will reinforce Dominique Dutscher’s position as the largest independent European distributor of laboratory supplies with circa EUR 300 million of combined revenue.”
According to the firm, Labochema is a provider of integrated laboratory solutions founded in 1997, with branches in all three Baltic countries. It also controls Gidela, a laboratory furniture company.
Ellex Valiunas’s team included Partner Robertas Ciocys and Associate Ieva Krivickaite.
The firm did not reply to our inquiry about the deal.